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    Question

    Which is the weighted average of a country's currency

    against an index or basket of other relevant currencies?
    A REER Correct Answer Incorrect Answer
    B IFSC Correct Answer Incorrect Answer
    C GVA Correct Answer Incorrect Answer
    D SDR Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Real Effective Exchange Rate is the weighted average of a country's currency against an index or basket of other relevant currencies (REER).

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